Consulting firm GlobalData said about US$194bn will be spent on upcoming oil and gas fields in Africa over the next eight-years, underscoring the pickup in oil and gas industry activity in the region
Exploration
Strata-X expands CSG portfolio in Botswana
The US-based Strata-X Energy Ltd has acquired two new prospecting licenses for its Serowe CSG Project covering 406,735 acres in Botswana, thus allowing the CSG project to span across 680,000 acres in the Botswana CSG fairway
Production starts up at Timimoun Gas Field in Algeria
Total has announced the start of production of first gas from the Timimoun field in southwestern Algeria
Schlumberger introduces Tempo instrumented docking perforating gun system
Oilfield services company Schlumberger said it has introduced the Tempo instrumented docking perforating gun system at the SPE/ICoTA Coiled Tubing and Well Intervention Conference and Exhibition
Australia’s FAR reveals more oil potential in offshore Senegal
Australias FAR Ltd has completed detailed geotechnical studies and reviewed the contingent resources attributed to the FAN discovery and prospective hydrocarbon resource potential in its Rufisque, Sangomar and Sangomar Deep (RSSD) Permits, offshore Senegal